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Logan Mohtashami unpacks the slow train wreck that’s been happening in housing inventory

Housing Wire

HW+ Member: What’s the number one question you are getting from the real estate agent community on the economy and housing market? Logan Mohtashami: Regarding inventory, we had a slow train wreck happening for years, and I can explain in more detail. The big difference now than, let’s say, what we saw from 2002-2008.

Training 459
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One-third of real estate CEO comp is variable, up from 2016

Housing Wire

A full one-third of the compensation paid to non-controlling shareholder real estate CEOs is variable, according to the 2021 RealTrends Brokerage Compensation Report. The RealTrends Brokerage Compensation Report offers a compensation analysis for 12 leadership positions within a real estate brokerage firm.

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Cleveland-area team brings 25 agents to fast-growing Real

Housing Wire

“They bring a shared commitment to service excellence and innovation, and we look forward to learning from them and seeing how they leverage Real’s industry-leading platform to further their success.” Their parents also worked in real estate. Real provides the best of both worlds.

Agents 459
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Mortgage Bankers Association Taps Laura Escobar as Chair for 2025

Appraisal Buzz

Escobar joined Lennar Mortgage in 2002 as branch manager. Representing the real estate finance industry as MBA Chair is truly one of the greatest honors of my career,” Escobar says in a statement. “I She has served as president of Lennar Mortgage, the mortgage lending subsidiary of Lennar Corp., since 2018.

Mortgage 195
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Gary Keller, Bob Goldberg, Gino Blefari depositions on commissions shared with the jury

Housing Wire

In the video, Ketchmark showed Keller footage from a KW Family Reunion event where Keller showed a slide showing the average commissions KW agents had earned between 2002 and 2019, to which Keller responded: “We didn’t talk about commissions. I do believe training is essential.” I reported the numbers and walked off the stage.”

Training 459
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Judge denies HomeServices’ motion for ‘judgment as a matter of law’ in Sitzer suit

Housing Wire

When asked about the allegations that real estate companies and professionals conspired to raise or stabilize commissions, she replied: “It is absolutely untrue.” Ketchmark asked Warner if those statistics suggest that agents are practicing the messages they are receiving in their training. They were guidelines.

Law 435
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Why home-price growth is still up 18% year over year

Housing Wire

This means all those men and women since 2012 who have been saying its housing 2008 all over again on their YouTube , Twitter, Facebook and other social media outlets simply don’t have the proper training to talk about housing economics. However, we haven’t had a credit sales boom like the one we saw from 2002-2005.

Inventory 397